Medeus relocates production from a 17m-euro site

Charcuterie producer Medeus, based in Bucharest, with business worth 25 million euros, this year will relocate its production from Bucharest to a new plant in Chitila, as it intends to develop a real estate project on the site of the current factory. The company holds a 16,800 square-metre site near the Crowne Plaza hotel. Given that one square metre of land in this area can cost as much as 1,000 euros, the value of the land where the factory is currently located could total around 17 million euros. Currently, it is too expensive to keep a charcuterie plant operating in this area. Almost 100 homes have been built in the area in the past two years,” stated Alina Marcu, the company’s commercial manager. According to the Medeus representative, the Chitila-based plant will be developed with the help of a Sapard programme worth 4 million euros. It will have a production area of 4,000 square metres, which will enable production capacity to be boosted to over 40 tonnes, compared with the current 30 tonnes of the factory in Bucharest currently operates.